U.S. Mint

U.S. Mint
Type: Government
Parent organization: U.S. Department of the Treasury
Employees: Approximately 1,800
Executive: Ventris C. Gibson, Director
Budget: Self-sustaining; operates at no cost to the taxpayer
Address: 801 9th Street NW, Washington, DC 20001
Website: https://www.usmint.gov
Creation Legislation: [[Coinage Act of 1792]]
Wikipedia: U.S. MintWikipedia Logo.png
U.S. Mint
This map created from a Cargo query (Purge)
Mission
To serve the American people by manufacturing and distributing circulating, precious metal, and collectible coins and national medals, while providing security over entrusted assets. The Mint aims to render the story of the nation in coins.
Services

Coin Production; Medal Production; Bullion Sales

Regulations


United States Mint (U.S. Mint) is responsible for producing coinage for the United States to conduct its trade and commerce, as well as designing and issuing collectible coins, medals, and managing the country's gold and silver assets.

Official Site

Mission

The U.S. Mint's mission is to serve the nation by manufacturing and distributing coinage for everyday transactions and for collectors. It also engages in the production of medals and gold and silver bullion, aiming to tell the story of America through its coinage while ensuring stringent security over the nation's bullion reserves.

Parent organization

The U.S. Mint operates under the U.S. Department of the Treasury.

Legislation

The U.S. Mint was established by the Coinage Act of 1792, which authorized the creation of a national mint.

Partners

- Federal Reserve System for distribution of circulating coins. - Various private sector entities for the sale of numismatic products.

Number of employees

The U.S. Mint employs approximately 1,800 individuals.

Organization structure

  • Office of the Director oversees all operations and policy direction.
  • Manufacturing and Technology manages coin and medal production across multiple facilities.
  • Sales and Marketing handles the sales of numismatic products.

List of programs

  • American Eagle Bullion Coins
  • Commemorative Coin Programs
  • Circulating Coinage

Last total enacted budget

The U.S. Mint operates on a self-sustaining model; its programs are funded through the sales of its products, not through taxpayer funds.

Leader

Ventris C. Gibson serves as the Director of the United States Mint.

Services provided

The U.S. Mint produces coins for everyday use, including pennies, nickels, dimes, quarters, and dollars. It also mints precious metal coins for investors, collectible coins for enthusiasts, and designs and produces medals for various honors and events. Public tours, educational programs, and the sale of numismatic items are also part of its services.

Regulations overseen

While not directly overseeing regulations, the U.S. Mint must adhere to legal standards for coinage and bullion, including specifications set by Congress and managed through the Department of the Treasury.

Headquarters address

801 9th Street NW, Washington, DC 20001

Website

https://www.usmint.gov

Wikipedia article

wikipedia:United States Mint


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